Invenergy Future Fund has been rebranded as Energize Ventures and closed a $150m fund that includes GE, Schneider Electric and WEC Energy as LPs.
Invenergy Future Fund, the strategic investment fund established by US-based power producer Invenergy, rebranded to Energize Ventures yesterday and closed its first fund at $150m.
In addition to Invenergy, Energize’s limited partners (LPs) include industrial and power equipment maker General Electric’s Renewable Energy and General Electric Power divisions, energy management technology producer Schneider Electric and energy utility WEC Energy Group.
Undisclosed family offices and institutional and individual investors also contributed to the close. Invenergy launched the fund in June…